When Agents Attack: How AI Collapses and Rebuilds Marketplace Moats

·Casey Winters··

AI is coming for marketplaces. OpenAI launched its agent product last week. Agents in the future can take over discovery, transactions, and even supply workflows, undermining the network effects that made marketplaces defensible, leading to product/market fit collapse and completely changing how you need to think about your acquisition costs. Here’s how these agents will potentially work and the five moves founders should make to stay ahead.The Traditional Purchase FunnelA lot of unfulfilled exc...

Read full article →

Related Articles

Amazon Earnings, Trainium and Commodity Markets, Additional Amazon Notes
Ben Thompson · Stratechery · 21d ago
Intel Earnings, Intel’s Differentiation?, Whither Terafab
Ben Thompson · Stratechery · 22d ago
Darwinian Specialization in AI
Tom Tunguz · Tom Tunguz · 22d ago
An Interview with OpenAI CEO Sam Altman and AWS CEO Matt Garman About Bedrock Managed Agents
Ben Thompson · Stratechery · 22d ago
AI Hardware, Meta Display, Redefining VR and AR
Ben Thompson · Stratechery · 24d ago